Double Bottom, RSI confluence its over sold.
Waiting for a retracement to the upside, then looking for a lower low lower close candle then for it to touch 1.0570
IPDE, will go long if it breaks resistance. Current trend is bullish.
PDE, will go long if it breaks resistance. Current trend is bullish.
Possible Double Bottom, RSI has confirm that its over sold.
Here is another possible Bat Pattern, just going to the other direction. View my previous Bat Pattern for the other analysis (its the one before this one) .
This is a Bat Formation, which seems to have resistance on the 88.6% in the past.
Hello Traders, A Gartley Patter has form today, it hit the D leg and went down. I just notice this possible trade, I will go in if price action hits 1.2240 and go short.
Hello Traders, the market is current on a bulilsh trend for quit some time. Here we can se that the market always retrace to a 61.8% (not on the dime, but around the zone) then it shoots up higher than a 1.27% ext. Too bad I didnt perform this forex analysis last week, we can see that once more it hit 61.8% retracement and went up for approx. 41 pips and close...
Possible Bat Pattern formation on the daily chart. IPDE, expecting the market to hit my D leg which is 88.6% retracement for market to rally back up. * If a new C leg is form and its higher than my previous highest close, trade wont get activated. Lets wait to see how the market reacts in the next couple of days (*after the weekend) and hopefully enter this...
If the USD/JPY 0.26% goes short around to the 100.60-50 range the Gartley seems to activate
I have observe a bullish trend, the second one doesnt clasify since the highest high close lower than the previous highest close but the third one does close beyond. IPDE, expecting to reach the 128.30ish zone then to retrace around 126.75-127.30 for it to shoot up for a new highest high.
A double top might form...Just keeping a eye on this pair
Here is another Gartley pattern i was able to located.